I’m Ready To Testify Against Magu, Malami Tells Ayo Salami-Led Panel

The Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), said he will testify before the Justice Ayo Salami-led Presidential panel if he is summoned. He said this during an interview on Arise TV on Wednesday which was monitored by our correspondent. Malami was reacting to a letter by the suspended acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, calling on Salami to summon the AGF. The AGF said he had nothing to hide and would not hesitate to give the Salami-led panel his…

EXCLUSIVE: Magu’s Full Response to Malami’s allegations Against Him

The suspended acting chairman of the Economic and Financial Crimes Commission (EFFC) Ibrahim Magu, has denied that he fraudulently enriched himself by diverting and mismanaging proceeds of recovered assets. In his response to a presidential probe panel investigating allegations of gross misconduct against him by the Attorney general of the Federation (AGF) Abubakar Malami, Mr Magu described the allegations against him as false and calculated to tarnish his image despite the “commendable” achievements of the EFCC under his leadership. In the detailed response, obtained by PREMIUM TIMES, Mr Magu instead…

Presidency sends EFCC zonal heads, others back to police

The Presidency has ordered some zonal heads and sectional heads in the Economic and Financial Crimes Commission (EFCC) who are police officers to return to the police headquarters. The latest development, Nigerian Tribune learnt, is part of ongoing clean-up at the anti-corruption commission, following the suspension of its acting chairman, Ibrahim Magu, in the wake of an ongoing investigation of the commission under his watch. Mohammed Umar Abba, who was the Director of Operations in the commission, has since been named as Magu’s replacement. The clean-up also saw 12 top…

Why are EFCC’s chiefs booted out of office always? By Abba Dukawa

The Economic and Financial Crimes Commission is charged with the responsibility of enforcing the provisions of other laws and regulations relating to economic and financial crimes, including: Money Laundering Act 1995, The Money Laundering (Prohibition) Act 2004, The Advance Fee Fraud and Other Fraud Related Offences Act 1995, The Failed Banks (Recovery of Debts) and Financial Malpractices in Banks Act 1994, The Banks and other Financial Institutions Act 1991; and Miscellaneous Offences Act. Since the Commission was established, it has had four chairpersons, Malam Nuhu Ribadu (2003 – 2007); Mrs. Farida…

Magu, Maggots And Maga Dogs By Festus Adedayo

Is there a crime-fighting institution or architecture in Nigeria? The answer is no. Our measurement of their suitability is the candidate’s ethnic affiliation, the person who introduces them and their loyalty to the occupier of authority seat. To expect a thorough-bred czar to come out of such a nebulous system is hypocrisy of the highest order. Again, the system felled Ibrahim Magu, Acting Chairman of the Economic and Financial Crimes Commission (EFCC) last week. It had always done that. Olusegun Obasanjo, the maiden president at inception of Nigeria’s fourth republic,…

IG orders withdrawal of all police personnel serving at EFCC

The Inspector-General of Police IGP Mohammed Adamu on Friday directed the immediate withdrawal of all police operatives serving at the Economic and Financial Crimes Commission (EFCC). The directive which was contained in a signal to the Assistant Inspector General (AIG), Police Mobile Force (PMF), PMF Squadrons one to 79, Force Secretary and Commissioners of Police of all the state commands and the Federal Capital Territory (FCT) also directed that the exact number withdrawn be replaced with new operatives. According to the order, only staff of EFCC should be allowed access…

Magu and the Abuja Power Game By Olusegun Adeniyi

“Steve Manson’s magazine dealt in corruption: he attacked the rich, the powerful and the famous – and he made enemies. In a job like that, you couldn’t afford to have dirty secrets of your own. With the whole town itching for you to make a slip, it was like living in a goldfish bowl…” — Goldfish Have No Hiding Place. I don’t know if the detained acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr Ibrahim Magu, grew up (like some of us) reading the novels of English…

Magu: A Nation’s Five Years Go to Waste By Olawale Olaleye

In the foreseeable future, there’ll be many slants to the travails of the now suspended chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu. Any time historians attempt to document his otherwise gangly reign, it is expected that some elements, regardless of the differing angles, must be constant like a recurring decimal. First, it is expected that researchers, at any time an attempt is made at this effort, must interrogate what it was that really qualified a man, who from every indication was unfit for a job, but…

JUST IN : Bala Ciroma replaces Magu As new EFCC Acting Chairman

The FCT Commissioner of Police, Bala Ciroma has replaced Ibrahim Magu as the new Acting Chairman of the Economic and Financial Crimes Commission (EFCC), the Street Journal reports. Recall that Magu was grilled for over six hours by a presidential panel led by the former President of the appeal court, Justice Ayo Salami, before he was detained at the FCID and finally suspended today, July 7. Magu was accused of corruption, insubordination and abuse of office by the Attorney-General of the Federation, Abubakar Malami Bala Ciroma, prior to becoming FCT CP was…

Saraki Meets Magu, Describes EFCC’s New Head Office as Fantastic

The Senate President, Senator Bukola Saraki, on Tuesday, May 8, 2018 commended the quality of infrastructure put in place at the new head office of the Economic and Financial Crimes Commission, EFCC, describing the edifice as the best one can get anywhere. “I don’t think any project has been funded like this in Abuja. The facilities have been impressive. The structural work and level of finish is satisfactory, and considering the important role the EFCC plays in the fight against corruption, I think the agency deserves the best”, he said.…